On-chain and trading data signal that traders have abandoned Litecoin, but for some reason long-term investors are hoarding LTC.
Traders are placing large bets on $50,000 Bitcoin options for June and December 2021, but what are the chances of BTC price reaching this level by then?
Bitcoin hangs near the chasm of the adoption curve and its price looks similar to Apple’s stock in 2008 before it broke out with a 520% rally.
A recent Bloomberg report says Bitcoin is a resting bull but improperly interprets key metrics to paint a bullish case for BTC.
Ethereum’s implied volatility dropped below Bitcoin’s for the first time ever, but is this a bullish or bearish development?
Even a 15% correction won’t help bears as Bitcoin price remains bullish ahead of Friday’s record $1.06 billion BTC options expiry.
The longer-term Bitcoin futures contracts premium has consistently increased alongside top traders net exposure, signaling bullish sentiment for Friday’s expiry.
Some Bitcoin derivatives exchanges profit massively from position liquidations but traders can avoid this by actively managing stop-losses.
Institutions have embraced Bitcoin but BTC whales still impact the crypto market by using hidden orders and wash trading.
Open interest on Bitcoin options contracts expiring next Friday amounts to $930 million, but what price action should be expected?